Senior Principal Auditor - Market & Valuation Risk and Counterparty Credit Risk in Whitehall

Senior Principal Auditor - Market & Valuation Risk and Counterparty Credit Risk in Whitehall

Whitehall Full-Time 70000 - 90000 £ / year (est.) Home office (partial)
Deutsche Bank AG

At a Glance

  • Tasks: Lead global audits on market and counterparty credit risk, ensuring high-quality reporting.
  • Company: Join Deutsche Bank's Group Audit team, a dynamic and collaborative environment.
  • Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, and private healthcare.
  • Other info: Embrace a culture of continuous learning and diversity in a supportive workplace.
  • Why this job: Make a real impact in risk management while developing your professional skills.
  • Qualifications: Bachelor's degree in a quantitative field and experience in market risk or internal audit.

The predicted salary is between 70000 - 90000 £ per year.

Group Audit (GA) serves as Deutsche Bank's independent Third Line of Defense, proactively assisting the bank's business and infrastructure areas to identify control weaknesses. Comprising around 800 staff, our global connectivity provides a stimulating environment and the opportunity to collaborate, network and share knowledge with colleagues and specialists around the world. GA is seeking a Senior Principal Auditor to join the Market & Valuation Risk and Counterparty Credit Risk team. You will report directly to the Principal Audit Manager (PAM) for Market & Valuation Risk and Counterparty Credit Risk and be responsible for timely delivery of high-quality, value-added audit reports and meeting the requirements of the Deutsche Bank Board and of respective regulators.

What we offer you

  • Hybrid Working – we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them.
  • Competitive salary and non-contributory pension.
  • 30 days' holiday plus bank holidays, with the option to purchase additional days.
  • Life Assurance and Private Healthcare for you and your family.
  • A range of flexible benefits including Retail Discounts, a Bike4Work scheme, and Gym benefits.
  • The opportunity to support a wide ranging CSR programme + 2 days' volunteering leave per year.

Your key responsibilities

  • Responsible for leading and delivery of global complex regulatory and risk-based audits related to market risk, valuation risk and counterparty credit risk, in line with GA methodology and requirements. This includes audit planning, fieldwork and reporting activities.
  • Perform annual risk assessment and continuous monitoring activities for the assigned areas.
  • Perform finding validation on material regulatory and internal findings and provide support to members in the finding validation teams on lower severity findings.
  • Proactively develop and maintain professional consultative working relationships within GA and with internal and external stakeholders.
  • Prepare materials for regulatory meetings.
  • Provide informal coaching to other team members (i.e. to aid with product/regulatory/product knowledge).
  • Identify opportunities to improve collaboration across GA.

Your skills and experience

  • A bachelor's degree in quantitative discipline (e.g., mathematics, finance, economics, statistics, etc.) or equivalent work experience.
  • Risk related professional qualifications (e.g., FRM, PRM, CFA, etc.), CIA would be an advantage.
  • Experience in market risk, valuation risk and counterparty credit risk, either obtained in second-line or in internal audit function.
  • In-depth knowledge on key market risk, valuation risk and counterparty credit risk topics (e.g., FRTB, Prudent Valuation, IPV, FVA, xVA, IMM, Uncleared Margin, market risk management, etc.).
  • Highly motivated with the ability to multi-task, team-oriented with a strong sense of ownership and accountability.
  • Excellent communication skills, both written and verbal.
  • Independent in judgment with the ability to challenge and be challenged whilst maintaining the highest levels of professionalism.

How we'll support you

  • A culture of continuous learning to aid progression.
  • We value diversity and as an equal opportunities' employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards).

Equal Opportunity Statement

We welcome applications from all people and promote a positive, fair and inclusive work environment.

Senior Principal Auditor - Market & Valuation Risk and Counterparty Credit Risk in Whitehall employer: Deutsche Bank AG

Deutsche Bank offers an exceptional work environment for the Senior Principal Auditor role, fostering a culture of continuous learning and collaboration among a diverse team of around 800 professionals. With hybrid working options, competitive salaries, generous holiday allowances, and comprehensive benefits including private healthcare and life assurance, employees are empowered to thrive both personally and professionally. The bank's commitment to corporate social responsibility and employee development ensures that you will not only contribute to meaningful projects but also grow your career in a supportive and inclusive atmosphere.

Deutsche Bank AG

Contact Details:

Deutsche Bank AG Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Principal Auditor - Market & Valuation Risk and Counterparty Credit Risk in Whitehall

Tap into Campus Networks

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We think you need these skills to ace Senior Principal Auditor - Market & Valuation Risk and Counterparty Credit Risk in Whitehall

Audit Planning
Fieldwork
Reporting Activities
Risk Assessment
Finding Validation
Stakeholder Management
Regulatory Knowledge

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Deutsche Bank AG.

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How to prepare for a job interview at Deutsche Bank AG

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Deutsche Bank AG.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

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Network with Industry Professionals

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